Standard Register Pays $218M to Net WorkflowOne

DAYTON, OH—Standard Register has acquired WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million.

Standard Register expects to achieve $1 billion in annual revenue and $40 million in annual savings when the integration of the two companies is complete. The company will go to market under the Standard Register corporate umbrella and says it will rapidly integrate its operations.